Scott Parker has revealed his delight after agreeing to join Newcastle in a £6.5m transfer from Chelsea.

The 24-year-old midfielder underwent a medical at St James' Park this morning and was set to be unveiled at a press conference planned for 3pm after agreeing personal terms.

Parker said: "This is the club for me. I know that other clubs were keen on me, but as soon as I heard Newcastle were interested, there was only one place I was going.

"I know some people say that Newcastle may have underachieved last year, but they got to the semi-final of the FA Cup and the last eight of the Uefa Cup, and in my eyes - and a lot of people's eyes - this is still a massive club.

"The stature of this club is massive and I really have a high regard for the manager, Graeme Souness. He is one of the reasons I have decided to come here. He has been unbelievable in all of this and so too has the chairman."

However, his transfer may well cause more friction between Chelsea and Tottenham as the player was expected to be included in any compensation package thrashed out between the two clubs over Frank Arnesen's controversial move from White Hart Lane to Stamford Bridge.

Spurs wanted £5m in compensation plus Parker to allow the Dane to make the move across London. The deal would have also prevented Spurs from making a formal complaint to the Premier League over what they consider to have been an illegal approach for their sporting director.

The two clubs remain in dialogue this week but without Parker on the negotiating table, the repercussions could be costly.